Esplanade Road - PO38 1JL
Key Postcode Insights
PO38 1JL is a residential postcode situated on Esplanade Road, Ventnor, PO38 with 3 addresses.
It ranks as the 81st largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 1 house and 2 other properties.
- Ave. Sale Price
- £365,121
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,498pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
PO38 1JL is a residential postcode situated on Esplanade Road, Ventnor, PO38 with 3 addresses.
It ranks as the 81st largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 1 house and 2 other properties.
- Ave. Sale Price
- £365,121
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,498pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Sales Market Trends
The last sale in PO38 1JL sold for £245,000 on 30th April 2008. Since then prices are up an average of 46.9%.
The current average value in the postcode is £365,121.
The PO38 1JL Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £365,121 |
| June 2025 | 2.3% | £383,453 |
| June 2024 | -8.7% | £374,887 |
| June 2023 | 2.3% | £410,417 |
| June 2022 | 9.9% | £401,167 |
| June 2021 | 9.7% | £364,864 |
| June 2020 | 10.2% | £332,546 |
| June 2019 | 6.7% | £301,829 |
| June 2018 | 2.6% | £282,974 |
| June 2017 | 1.6% | £275,675 |
| June 2016 | 8% | £271,458 |
| June 2015 | 3.6% | £251,373 |
| June 2014 | 2.6% | £242,743 |
| June 2013 | -5.2% | £236,494 |
| June 2012 | -0.6% | £249,533 |
| June 2011 | -1.3% | £250,934 |
| June 2010 | 10.8% | £254,228 |
| June 2009 | -6.5% | £229,425 |
| June 2008 | -0.7% | £245,286 |
| June 2007 | 0% | £247,016 |
Rental Market Trends
The current average rental value in the postcode is £1,498.
The PO38 1JL Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,498pcm |
| June 2025 | 3.3% | £1,459pcm |
| June 2024 | 7% | £1,413pcm |
| June 2023 | 8.3% | £1,320pcm |
| June 2022 | 10.8% | £1,219pcm |
| June 2021 | 7.1% | £1,100pcm |
| June 2020 | 1.3% | £1,027pcm |
| June 2019 | 2.5% | £1,013pcm |
| June 2018 | 1.5% | £989pcm |
| June 2017 | -1% | £973pcm |
| June 2016 | 6.2% | £984pcm |
| June 2015 | 4.5% | £926pcm |
| June 2014 | 5.6% | £886pcm |
| June 2013 | 1.3% | £839pcm |
| June 2012 | -0.8% | £828pcm |
| June 2011 | 7.4% | £835pcm |
| June 2010 | 9.5% | £777pcm |
| June 2009 | -1.6% | £710pcm |
| June 2008 | 3.9% | £722pcm |
| June 2007 | 0% | £695pcm |
Sales History
The last recorded sale was on 30th April 2008 for £245,000 and since then the market in the area has increased by 46.9%.
PO38 1JL has had 1 sale since 1995, none of them in the last three years.
- Sold Apr 2008£245,000 | 3 Bed HouseSeaview, Esplanade Road, Ventnor, PO38 1JLSeaview, Esplanade Road, Ventnor, PO38 1JL
Nearby Postcodes
PO38 1JL is the 81st largest and the 412th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1JU, Alma Road, Ventnor, PO38PO38 1JU13 Addresses|45 m away
- PO38 1JN, Marine Parade, Ventnor, PO38PO38 1JN17 Addresses|50 m away
- PO38 1JD, Belgrave Road, Ventnor, PO38PO38 1JD12 Addresses|68 m away
- PO38 1BT, Alpine Road, Ventnor, PO38PO38 1BT27 Addresses|75 m away
- PO38 1JT, Esplanade, Ventnor, PO38PO38 1JT7 Addresses|84 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jun 2021£675,000 | 4 Bed HouseBeach House, Esplanade Road, Ventnor, PO38 1JWBeach House, Esplanade Road, Ventnor, PO38 1JW
- Sold Sep 2025£380,000 | 3 Bed FlatFlat 4, Beach Court, Esplanade Road, Ventnor, PO38 1JWFlat 4, Beach Court, Esplanade Road, Ventnor, PO38 1JW
- Sold Dec 2017£335,000 | 3 Bed FlatFlat 4, Beach Court, Esplanade Road, Ventnor, PO38 1JWFlat 4, Beach Court, Esplanade Road, Ventnor, PO38 1JW
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.1 km away
- Wroxall Primary School2.7 km away
- St Blasius Shanklin CofE Primary Academy4.4 km away
- The Island Free School1.0 km away
- Christ The King College13.3 km away
- Carisbrooke College13.7 km away
More reading links
Public Transport Nearby
The closest station to PO38 1JL is Shanklin station, which is 4.9 kilometres away.
- Shanklin|4.9 km away
- Lake|6.6 km away
- Sandown|7.7 km away
- Brading|10.6 km away